|
| EM | Red | Siz | Gro | Sta | Lev | Roa | CFO | Ins | Aud |
| EM | 1 |
|
|
|
|
|
|
|
|
|
| Red | 0.053** | 1 |
|
|
|
|
|
|
|
|
| Siz | 0.043* | 0.020 | 1 |
|
|
|
|
|
|
|
| Gro | −0.002 | −0.000 | 0.029 | 1 |
|
|
|
|
|
|
| Sta | 0.003 | 0.032 | 0.209*** | −0.023 | 1 |
|
|
|
|
|
| Lev | −0.072*** | −0.029 | 0.239*** | −0.012 | 0.179*** | 1 |
|
|
|
|
| Roa | 0.013 | 0.008 | 0.081*** | 0.032 | 0.012 | −0.208*** | 1 |
|
|
|
| CFO | −0.046* | 0.017 | 0.577*** | 0.066*** | 0.126*** | 0.002 | 0.136*** | 1 |
|
|
| Ins | 0.024 | 0.020 | 0.336*** | 0.008 | 0.278*** | −0.012 | 0.059** | 0.260*** | 1 |
|
| Aud | −0.025 | −0.013 | −0.012 | 0.028 | −0.072*** | 0.055** | 0.016 | 0.078*** | −0.074*** | 1 |